Narrow-Based

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Narrow-Based

Generally referring to an index, it indicates that the index is composed of only a few stocks, generally in a specific industry group. See also broad-based.

Narrow-Based

Describing an index that consists of only a few stocks. Generally speaking, a narrow-based index only includes stocks from one industry. These indices are often useful in gauging the performance of the industries they track, but rarely give an indication on movements in the broader economy. See also: Broad-based.

narrow-based

Of or relating to an index composed of a limited number of securities or securities representing a particular segment of the whole. For example, the Dow Jones Transportation Average is narrow-based because it is composed only of the stocks of transportation companies. Compare broad-based.
References in periodicals archive ?
Tenders are invited for Inserting one no of DC C type (30 degree deviation, 23 mtr bottom cross arm height) narrow based tower between locations 54&55 of 110kV Kalamassery-Aroor feeder for increasing ground clearance across river Document cost : INR 5900 EMD value : INR 50000 Opening date : 22 Jul 2019
Narrow based self-interest should not be allowed to override the larger objective of non-proliferation and security.
"The home location should carry the full assortment, while the assortment at checkout and secondary locations can be more narrow based on what shoppers expect to find there."
The SEC will deal with security-based swaps, which it defines as derivatives based on a single security, loan, narrow-based group or index of securities or event relating to a single issuer of securities in a narrow based security index.
Tenders are invited for Construction of 40 M Narrow Based Light weight Ground based Tower foundation including DG plinth, tower material, erection, Horizontal gantry including related infrastructure works for AP Police Department at ALIMILI in Nellore District.
Tenders are invited for Providing tower foundation and erection of 28 m height narrow based gsm tower, including earthing, providing base and erection of bts at rgmttc, meenambakkam, chennai
Tenders are invited for Construction of 40m narrow based light weight ground based tower foundation including dg and odbts plinths erection of tower in staff quarters compound at dandubazar visakhapatnam
Tenders are invited for Construction of 40 m narrow based light weight ground based tower foundation including dg plinth tower material erection horizontal gantry including related infrastructure works for ap police department at melavaikonda in anantapur district sh i tower erection and other civil works 2nd call
Tenders Are Invited for Detailed Route Survey, Soil Investigation, Design, Testing and Supply of 110 Kv Dc Narrow Based Towers Suitable for the Upgradation of Alappuzha-pooppally Portion of 66kv Alappuzha-kuttanad Feeder (9 Km) to 110kv Dc Feeder Document cost : INR 8850 EMD value : INR 100000 Opening date : 14 Mar 2018
Tenders are invited for I Tower erection and other civil Works Construction of 40 M Narrow Based Light weight Ground based Tower foundation including DG plinth tower material erection Horizontal gantry including related infrastructure works for AP Police Department at Alimili in Nellore District
Tenders are invited for Construction Of 30Kms 220 Kv Narrow Based M/C Line On Turn-Key Basis Yamuna Expressway Industrial Development Authority.